• European Institutions Take Leading Roles in U.S. Securities Litigation
  • August 13, 2012 | Author: Kristin Ann Meister
  • Law Firm: Bernstein Litowitz Berger & Grossmann LLP - New York Office
  • The financial crisis of the past few years is a sharp reminder that nations around the world are financially interconnected despite being separated by oceans and time zones. Unfortunately, this reminder has come in the painful form of the worldwide consequences of American financial fraud that directly impacted U.S. and foreign investors alike. In response, recent years have seen an increase in foreign (particularly, European) investors who have successfully requested to be appointed as lead plaintiffs in securities class actions across the United States. Indeed, European investors are now some of the most active and important protectors of shareholder rights.